I have the cash to purchase this property, but I'm asking the more experienced investors on what they would do to leverage financing from the banks so I don't have to deplete my capital.

Over 48,000 homes were flipped nationally, accounting for just under 7% of total U.S. home purchases.

but we have enough capital right now so we're not in a rush. 

Why do you capitalize random words?

Price acceleration seems regional at this point and still accelerating, but interest rates are rising and corporate and national debt will feel some pain.

And most importantly, in your experience, does national tenants move that swiftly within the seller's 45 day due diligence period and offer their LOI to lease the property since they must do their due diligence as well?

I’m just getting started out and looking for my first property in the Albany ny capital region.  

Honestly I think that for this first deal the bank is going to insist the loan be in his name, since he is providing the capital. 

You need to live in the property 2 out of the last 5 years to avoid the taxes on capital gains.

Make sure you are using good % for your capital expenses, monthly maintenance, vacancy estimate, and property management fee on top of your taxes and insurance.